News blues
North Korea – an ongoing tragedy with Omicron, no vaccines and a woefully underequipped health sector >>US – Covid infections up, waning immunity from vaccines and past infections and fewer people masking >>
Spain, Portugal, UK, and Canada report … monkeypox >>
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On war…
Ukraine – photo essay >>***
The Lincoln Project: Russian Rand Paul (0:45 mins) Healthy planet, anyone?
What South Africa terms “loadshedding”, the US terms “rolling blackouts”.North American Electric Reliability Corporation NERC, a regulating authority that oversees the health of the US’s electrical infrastructure, says in its 2022 Summer Reliability Assessment that extreme temperatures and ongoing drought could cause the power grid to buckle. High temperatures, the agency warns, will cause the demand for electricity to rise. Meanwhile, drought conditions will lower the amount of power available to meet that demand.
South Africa is the world’s 13th-biggest source of greenhouse gases, with about two-fifths of its output coming from Eskom, the country’s electrical power parastatal. Eskom is in trouble (FYI: Kusile power plant) apparently incapable of managing the grid with loadshedding continuing across the nation. By March 2022, South Africans experienced the equivalent of 31 days and nights in the dark. Moreover, by March, SA’s National Treasury had extended 560.1 billion rand ($35 billion) of guarantees to state companies, with Eskom accounting for about 79% of that.
Recently,
A group of the world’s richest nations offered South Africa debt guarantees as part of a proposed $8.5 billion deal designed to cut the nation’s reliance on coal for power generation, people familiar with the talks said, potentially resolving one sticking point in the negotiations.Read more >>
The guarantees would enable South Africa or companies such as state power utility Eskom Holdings SOC Ltd. to borrow money needed to close down coal-fired power plants and enable the generation of renewable energy, one of the people said. The people asked not to be identified as the talks aren’t public. Such an arrangement would alleviate pressure on the South African government to guarantee any debt Eskom may need to fund its transition to renewable energy….
This kind of offer is an all-around risk, for the lenders, for the company, for residents. It practically begs for corruption – and South Africa’s powerful and political show no shame in enriching themselves and their families by taking advantage of such offers. On the other hand, viable alternatives are few and far between….
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Photo essay – capturing the climate crisis >> 